Why Berlin’s Silicon Allee is Europe’s new Silicon Valley [infographic]
As the UK prepares to “brexit,” Berlin’s Silicon Allee is poised to take its place as the EU’s new Silicon Valley. Various entrepreneurs think Berlin will take London’s place as the EU’s capital for business after the departure. In fact, Inc. reports results from a recent Inc. 5000 survey that indicate 26 percent of EU entrepreneurs believe Berlin will emerge as the EU’s new business center. Others surveyed think Frankfurt will take the crown—but only two respondents said London will remain on top.
As Arne Schepker, CMO of online language learning system Babbel explains: “Berlin is here to stay. In Europe, only London can compete right now and the impending Brexit is not going to make the UK any more attractive. I personally think Berlin needs more breakthrough showcases like Zalando to build confidence globally and raise valuations.”
There are several favorable conditions that give Berlin an edge in this race. The city boasts a low cost of living compared to tech competitors like London, San Francisco and New York City. There is also a steady stream of skilled labor in Berlin, not to mention easy access to the rest of the EU.
Furthermore, there is already an American tech presence in Berlin. Several big companies like Airbnb and Facebook already have offices there, and incubator programs are readily fostering German startups such as EyeEm and N26 in Berlin. In fact, according to Ernst & Young, Berlin is now home to around 2,500 active startups, which have attracted about $2.7 billion* in venture capital in total. This means Berlin is attracting more money than startups anywhere else in the EU—but not nearly as much as Silicon Valley.
So, what’s the downside? Entrepreneurs still face barriers to entry in Berlin that don’t exist in Silicon Valley or London. Although it is growing fast, Berlin’s talent pool is significantly smaller than London’s. (This may be changing even more rapidly as Brexit causes a talent drain in the UK.) This problem is heightened by the lack of an alumni network that is dependent on a minimum volume in exits. To get to a better place in this regard, entrepreneurs in Berlin will need to either sell their startups or take them public, triggering more local investment.
All things considered, though, Berlin’s Silicon Allee is EU’s new Silicon Valley. This is especially true since the cost of living is pricing out many tech companies as it prices out their workers. We crunched the data to show you how and why that’s going to happen—and why more and more startups, originating in both the EU and the US, are going to be sprouting in Berlin.
You can read the full article at 99 designs.
The debut of ‘Startup Europe China Network’ at Startup Ole
The third edition of Startup Olé on 26-27 April of this year was a major success. More than 400 startups, 200 international speakers, as well as a variety of corporates, investors, accelerators, universities and media from across Europe came together for two days in Salamanca to exchange ideas and brainstorm on entrepreneurship. Startup Olé was created in 2015 to provide a unique networking and pitching opportunity for the key players and their projects in the European tech startup ecosystem.
Oneof the main new initiatives presented this year was‘Startup Europe China Network’, which will link the European startup community with one of the EU key strategic partners: China. The initiative was discussed by enthusiast participants to Startup Olé during a dedicated workshop organised by the Brussels-based digital business association ChinaEU on 26th April.
More than 20 startups, investors, corporates, incubators and accelerators from all over Europe intervened in the workshop, which was moderated by Isidro Laso, Head of Startup Europe at DG Connect of the European Commission.
In the lively discussion, consensus wasreached that building partnerships with China is a highly-needed exercise, since China can offer a great deal of opportunities for European startups to scale-up their businesses. This is not only on the ground of a highly dynamic market with many active investors, corporates, angel ventures, but also given the fact that China is becoming a world leader in innovation that can offer European companies inspiring models to learn from and upgrade themselves. However, such partnership requires special considerations, in order to avoid one-way acquisitions of startups by Chinese partners.
The importance of establishing a balanced two-way relationship was also the message of ChinaEU Director Claudia Vernotti in the preceding panel discussion ‘Partnering with Europe: Beyond the EU’, which provided an exchange of experiences among different international partnerships activated between Europe and the Silicon Valley, India, Africa, Lebanon and Eastern Europe. ‘Startup Europe China Network’ will make use of the good practices developed under these partnerships.
“Thanks to the precious support of over a dozen European players who wish to drive together this new China adventure, I have no doubts that ‘Startup Europe China Network’ can make an impactful contribution in supporting European startups to scale up everywhere in the world” said Claudia.
‘Startup Europe China Network’ will be an open platform to create long-lasting connections between European and Chinese entrepreneurs, corporates and investors, with the aim of creating a channel for innovation exchange, investment and high-tech cooperation between Europe and China.
‘Startup Europe China Network’ is now seeking to consolidate its community by getting further stakeholders to join the enthusiast initiators. To enquire about the network, please do not hesitate to contact firstname.lastname@example.org.
Do not miss out on the opportunity to connect with the ever-growing dynamic Chinese innovation ecosystem!
BECOME A LOCAL ORGANIZER OF THE SEN SOIRÉE
The Startup Europe initiative is coordinating a large series of SEN SOIRÉES EXPO GALLERIES throughout Europe every season, via local-organizer short meetups that will bring together startup ecosystem, professional organizations & investors.
We are looking for Local Co-Organizers to organize a 2-hour, free event in their city, and introduce the new showcase where 28 local startups abroad Europe exposed through an artistic photo to reach direct connection with investors and local innovators at the EU level, through the Startup Europe initiative, and at the local level, via the local structure.
A typical meetup within SEN SOIRÉE will be:
We are selecting the best startups in different European regions to be presented around the world In Artistic Photography.
A contemporary Art Innovative Networking that focuses on showcasing entrepreneurs and emerging artists from Europe. Photography created in accordance with the vision of the artist and the startup idea description from our 17 categories.
- Focused on the regional/local level: Connecting entrepreneurs with projects and startups from the European regions ecosystem.
- Based on a hands-on approach: the format and the 28 Artistic Photographs should be accessible as possible;
- A great occasion to network and find innovative and advanced solutions from entrepreneurs around Europe.
- Participants should be at least 20-30, including a high number of entrepreneurs and a some local authorities.
One of the best ways for entrepreneurs to socialize with colleagues, customers and potential clients is attending SEN SOIRÉES EXPO GALERIE.
The first 28 participants can take home one of the pictures exposed in the art gallery.
If you want to become the SEN SOIRÉE co-organizer of your city, please apply at the official web site: http://startupeuropenews.com
Do also follow us on Facebook!
We hope to welcome you aboard this exciting initiative and please contact us for any further information.
The SEN SOIRÉES Team
StartUp Europe Awards recognizes the best European startups in 10 categories
- The President of the European Parliament has opened the final ceremony of StartUp Europe Awards 2016 at the European Parliament.
- This initiative is organized by the StartUp Europe Accelerator by Finnova Foundation
- Robocamp, Tespack, INZMO, Windcity, NeuronGuard, VyzVoice, CityCrop, TempBuddy, Waynabox and APSU have been awarded as the best startups in Europe in the 10 different categories.
- The “Best Public Administration for startups Award” has gone to the Lisbon City Council, the Consorcio Zona Franca de Vigo and the Central Denmark Region; they have beenrecognized fortheir effort in supporting entrepreneurship in their respective territories.
Brussels, 8th of June, 2017. The StartUp Europe Awards initiative, promoted by the European Commission, supported by the President of the Committee of the Regions and implemented by the StartUp Europe Accelerator by Finnova Foundation, have recognised for the first time in a collaborative and inter-European way the best startups in Europe in 10 categories, in the so-called “Eurovision for startups”. The President of the European Parliament, Antonio Tajani, opened the final ceremony of StartUp Europe Awards 2016. “We should cultivate good ideas and help them to grow. We need to invest more in digital technologies and create a genuine European single market where our young companies can develop”, assured Tajani.
StartUp Europe Awards presents a prize methodology for startups at local, regional and national level, fostering the open innovation and the collaboration between the different actors of the European ecosystems, through the private-public partnership to support entrepreneurs. “Besides, it creates a network of contacts that will allow to inspire and give visibility to all the local startups so that, by using this network, they can scale their services and products at a global level”, has stated JuanmaRevuelta, the Director of Finnova’sStartup Europe Accelerator.
The European winners of StartUp Europe Awards 2016 according to the 10 categories are:Robocamp (Creative Category), Tespack (Energy), INZMO(Fintech), Windcity (Green), NeuronGuard (Health), VyzVoice (ICT), CityCrop (Smart Cities), TempBuddy (Social), Waynabox (Tourism) and APSU(Water). Ekuore (Health), Human Surge (Social) and APATEQ (Water) have received the Extraordinary Awards, a special prize created to recognise the effort of those startups whose score was very high and got very close to the final recognition.
The startupAudified Reality from Former Yugoslav Republic of Macedonia (FYROM) won the “Best European Neighbour StartUp Europe Award”.
Waynabox received a European acceleration ticket of 10,000 € from Amadeus Company, to continue their internationalization in 2018, delivered by Elizabeth Aston, Senior Adviser, Industry Affairs. “Amadeus continually invests in innovation with a total bugdet of over 4 billion during the last 10 years. Innovation is about doing things differently – having a different business model, a different approach to customer service and this is what Waynabox does” stated Aston.
The startup APSU also received a European acceleration ticket of 10.000 € for presenting their project to different European calls as LIFE or EUROSTARS. The award has been delivered by Rafael Páez Santana, Counsellor of innovation and Employment from the Cabildo de Fuerteventura.
The Commissioner of Investigation, Science and Innovation, Carlos Moedas, delivered the award of ICT Category to VyzVoice. “I want to create the kind of environment where the entrepreneurial spirit can flourish […] Entrepreneurs are the stars, we’re there to help and support them”, said Moedas in his motivational speech.
The Vice-President for Communication of the European Economic and Social Committee, Gonçalo Lobo Xavier, who handedin the award for Fintech and Tourism categories, considers “StartUp Europe Awards a very interesting way to promote entrepreneurship and the quality of the work developed in Europe. We have very good examples of solutions that can change peoples’ lives for the better and this is a huge achievement when we talk about innovation, science and entrepreneurship: to address the citizens!”
StartUp Europe Awards delivered the recognition to the “Best Public Administration for the Startups”, a pioneering prize which aims to recognise the best programmes or public services supporting entrepreneurs and innovation in municipality, province and region categories. The winner in Municipality category is Lisbon City Council; in the province category is Consorcio Zona Franca de Vigo and in the Region category is Central Denmark Region.
These awards were delivered by the first Vice-President of the Committee of the Regions, Karl-Heinz Lambertzwho stated “the European Committee of the Regions encourages cities and regions to implement entrepreneurship-friendly policies through our European Entrepreneurial Region (EER) initiative. We actively promote and support efforts to create smarter EU cities and regions”.
The president of the European Parliament, Antonio Tajani,delivered the award “Best Media Partner” to the TV Program Emprende of Spanish Television (RTVE)for their commitment to the dissemination of the entrepreneurship and the startups.
Finally, the Ambassador of Spain in Belgium, Cecilia Yuste, handed in the award to Jesús Brotons “Brainiac Beats”, winner of the Music Contest Award, for creating the music for StartUp Europe Awards, representing the values of union, community and entrepreneurship.
The winners of StartUp Europe Awards will obtain great visibility all around Europe thanks to the Media Partner Alliance of StartUp Europe Awards formed by 21 media members. The startups will also have access to a programme of mentoring (information in internationalization, European funds like SMEs Instrument of 50.000 € to 2, 5 million € of non-refundable subsidy, international communication, legal barriers to innovation, etc.), through the StartUp Europe Accelerator of Finnova Foundation, which will allow them to boost their projects and to make them more viable worldwide.
StartUp Europe Accelerator is the unique accelerator specialized in European opportunities funding, which helps the entrepreneurs to internationalize their business through European projects.
Thanks to the initiative StartUp Europe Awards, the winningstartups will be able to participate in business missions focused in internationalization in India, Africa, LATAM and Silicon Valley.
To close the ceremony, the president of the organisation “Mind the Bridge”, Alberto Onetti, presented the last report of “Scaleup Europe” by Startup Europe Partnership (SEP). This report includes new data about Scaleups and capital raised in Europe, plus a comparison among regions, countries and sectors. The maturity of the EU scene, the potential impact of Brexit, and recent growth ends the report, along with a survey of the largest verticals present in Scale-up Europe, and which countries these verticals are most represented in.
About StartUp Europe Awards
StartUp Europe Awards is an initiative that seeks to identify and recognise local models of success which become an example to other entrepreneurs, to the public administrations for developing custom-made programmes to stimulate its growth and to the investors for approaching local ecosystems.
“From the Commission, we want that entrepreneurship generating growth and employment is not only present in a few cities or regions. Thus, more people can benefit from the impact” assures Isidro Laso, Head of StartUp Europe’s Sector – European Commission.
More than 20 local events and 14 national awards have been celebrated under StartUp Europe Awards´ frame in 2016, with 91 startups winners and 84 that made it to the final. 21 media partners of the whole Europe, as The Independent in Ireland or Emprende TVE in Spain, they have helped to give visibility to this initiative. 9 members of the European Parliament have come together in the StartUp Europe Awards as ambassadors, supporting the local events with their presence and following closely the progress of the startups.
StartUp Europe Awards is an initiative promoted by the European Commission and it is supported by the President of the Committee of the Regions, several members of the European Parliament as Ambassadors and implemented by the Finnova Foundation in collaboration with Startup Europe.
Tel: (+34) 636889177
European Commission daily news mention: Startup Europe Awards announced today
Startup Europe Awards will be announced today in 10 categories: Creative, Energy, Fintech, Green, Health, ICT’s, Smart Cities, Social, Tourism and Water. The event is supported and promoted by the European Commission to improve the ecosystem for startups and scaleups in Europe.
The best startups from Europe will be announced after having been recognised in 14 national competitions that took place in 2016 across Europe. The ceremony will take place at the European Parliament. The awards will be handed over by Antonio Tajani, President of the European Parliament, Carlos Moedas, European Commissioner in charge of Research, Science and Innovation and Gonçalo Lobo Xavier, First Vice-President of the Committee of Regions.
The Startup Europe Awards final will also announce the Best Public Administration for Startups, recognising the best public services supporting entrepreneurs, and the Best Media Partner, to the most committed media with the dissemination of information about entrepreneurship.
Additionally, the Scale Up Europe Report will be presented during the ceremony in the afternoon. The study gives an overview on how many scaleups are in Europe, which are the top sectors among the scaleups, how much money has been raised, as well as highlight the best examples.
(For more information: Nathalie Vandystadt – Tel.: +32 2 296 70 83; Inga Höglund – Tel: +32 2 295 06 98)
57% of world GDP comes from emerging markets. 87% of the world’s population lives in emerging markets. 80% of the world’s smartphones will be in emerging markets by 2020.
What does this all mean?
Join us for the Seedstars Summit 2017 on April 6 and watch 70+ startups from the fast growing startup hubs around the world compete for equity investment of up to $1,000,000. Not only will you meet the best entrepreneurs from 65+ countries, you will also connect with investors, government officials, corporate innovators and CEOs from Africa, Asia, LATAM, CEE and the MENA region.
Get ready for breakout sessions, panel discussions and specialized workshops on fintech, edtech, digital health, agritech, IoT, hardware, social networking, clean tech – and much more.
Madrid Startup House will be at Startup Olé!
Madrid Startup House is going to be at Startup Olé, a great tech event in Salamanca, Spain, on 26th and 27th April!
Madrid Startup House is a pilot initiative which began through Startup Europe. It aims to be a one stop shop where entrepreneurs and startups can find everything they need to startup in Madrid, Spain. It is a neutral space which aims to connect all players of the ecosystem, and facilitate Madrid, and Spain’s, ability to adapt to the Digital Single Market.
Madrid Startup House will be at Startup Olé for both days of the event, to present the Madrid ecosystem and explain more about the initiative.
Madrid Startup House will:
- Be there with its two co-founders Victor Teodosio and Asier Basterretxea
- Have its own stand where you come to visit us and ask all of your questions
- Bring members of the Madrid ecosystem to meet you
- Bring selected top startups from Madrid: more on this very soon!
About Startup Olé
Startup Olé emerged in 2015 from a highly successful European project within Startup Europe (WELCOME). The main objective of this project was to connect the startup ecosystems across Europe and advance European tech entrepreneurship. Although this project has now finished, Startup Olé persists as a unique event to drive entrepreneurship through effective collaboration. In fact, because of its origins, Startup Olé has become something that no other event has been able to achieve: A place where meaningful connections can be made with ALL the key players in the tech ecosystem.
Interview with Co-Founder of Madrid Startup House, a Startup Europe initiative, in El Economista
Victor Teodosio, Co-founder and Director of Madrid Startup House, was recently interviewed by the Spanish magazine El Economista for their SME magazine.
Madrid Startup House is an initiative of Startup Europe which aims to bring a homogenous structure to the Madrid startup ecosystem and help it become an internationally recognised digi-tech and startup-friendly city. It is a pilot project which will soon be developed in other cities in Europe, to create homogenous structures in each hub so that they may work, collaborate and easily share information. The initiative aims to help cities adapt further to the Digital Single Market, one of the main priorities of the European Commission.
The interview with Victor Teodosio can be found on pages 4-6.
The magazine also features an interview with Isidro Laso, Head of the Startup Europe initiative, pages 8-10.
You can read the interview in Spanish here.
Take part in the Correos open call!
Correos is launching the first call of the CorreosLabs with the “Lehnica Challenge” aimed to develop professional projects which contribute to innovative products or services within a framework.
Correos is implementing several initiatives aimed at exploring new business lines while at the same time modernizing and improving the services it already provides.
One of these initiatives is CorreosLabs, a space created to develop entrepreneurial talent and establish a co‐working environment, where knowledge can be exchanged and ideas, concerns and opinions shared with like-minded entrepreneurs and professionals from different industries to build new, long-lasting business connections.
In its initial stage of new business, there is a greater willingness to adopt and develop new ideas that in turn, encourage collaboration among different players, thus allowing outcomes with a greater degree of innovation to be obtained.
Correos is launching the first call of the CorreosLabs “Lehnica Challenge” with these rules in mind.
The “Lehnica Challenge” is aimed at entrepreneurs: incorporated companies and self‐employed professionals which have been in business for three years at most.
Both companies and self‐employed professionals shall have their registered or professional office in Spain.
The solutions we are looking for:
Five innovative business projects will be selected from the following themes:
Logistics – projects that improve environmental logistics such as, traceability, new delivery models, urban logistics, circular economy, energy efficiency, new route models, dynamic deliveries, drones, autonomous vehicles.
Society – projects that improve the quality of life for people in cities and rural areas, for example, e-health, smarter cities, collaborative economy, new production models.
Digitization – digital projects that are based on emerging technologies that allow the transformation of traditional businesses, such as: payments, blockchain, digital identity, artificial intelligence, additive manufacturing and virtual reality.
Correos’ Contribution per Project:
- A contribution of up to €30,000 will be given to each project selected.
- A one year acceleration programme will be offered to the selected projects and entrepreneurs to drive forward and validate their proposed business models.
- Access to the following resources during the acceleration programme:
- Space in a Correos building in Madrid (CorreosLabs) with the facilities and technology to develop projects in a co‐working environment.
- Coaching and mentoring opportunities for the projects selected.
To apply, visit this website: http://bit.ly/2mpjjqt
Madrid Startup House Foundation presented with VP of Digital Single Market, Andrus Ansip
The Madrid Startup House Foundation was created to boost Madrid into an internationally recognised Digi-Tech and Startup-Friendly city
It began under the umbrella of the European Commission’s Digital Single Market initiative, as a pilot project soon to be developed in other cities
MSH was presented on 6 March 2017 with Vice-President of the Digital Single Market, Andrus Ansip
On 6 March 2017, Madrid’s startup community gathered with Andrus Ansip, Vice-President of the Digital Single Market, for the presentation of the Madrid Startup House Foundation.
Throughout the meeting, the role that Madrid Startup House Foundation will play in overcoming the challenge of adapting to the Digital Single Market was discussed. The Digital Single Market is one of the European Commission’s key priorities: it aims to tear down regulatory barriers and create a more vibrant, connected and seamless European Digital Market.
The event was opened by Andrus Ansip, Vice-President of the Digital Single Market. He explained that Europe is full of creativity, that there are lots of good ideas, but that to scale-up in the European Union is difficult. He said that the Digital Single Market, is needed for everybody and will be really beneficial for startups. VP EC Ansip also highlighted the huge market potential we have in the EU, with 500 million customers, and how mobile applications are an incredible source of jobs which are often undervalued.
The event was chaired by Manuel Gago, Vice-President of the Spanish Confederation of Directors and Executives (Confederación Española de Directivos y Empresarios, ‘CEDE’). Focusing on the city level, Carlos Barrabés (Serial Entrepreneur, Barrabés.com) insisted on the importance of networks by claiming that Madrid Startup House is a really collaborative project, as it can count on the support of the people of Madrid and “it will include us in a greater European network‘.
Victor Teodosio, Co-Founder of Madrid Startup House Foundation (Hugin and Munin), introduced the concept of Madrid Startup House by saying that the idea was born through Startup Europe. He said, “Madrid is a city with a lot of activities for startups; there are a lot of resources, but they are widely dispersed. What is needed is a single entry point to connect all players in the ecosystem. The overall goal of Madrid Startup House is to position Madrid as an internationally recognised Digi-Tech and Startup-Friendly city, and connect to other markets such as the rest of Europe, the US and Latin America”.
Asier Basterretxea-Gomez, Co-Founder of Madrid Startup House Foundation (Socios Inversores), went on to explain the long-term goals of Madrid Startup House Foundation. He said, “Our goal is to position Madrid in the top ten digital cities in Europe by 2020, and to be in the top 5 by 2025. We want to inspire: we want to inspire digital talent, inspire people to invest in startups, and most importantly, inspire women and facilitate their route into entrepreneurship”.
Teresa Alarcos, Chairwoman of the Board of Trustees, concluded the presentation of the initiative with a strong call to action, informing all participants that “We are now creating personalised sponsorship and partnership programmes for those that want to sponsor Madrid Startup House. Partnering with Madrid Startup House Foundation will not only boost your city of Madrid, but it will have a direct, positive impact on you too. ”
The decision to focus this initiative at a city level was also discussed. Isidro Laso, Head of the Startup Europe initiative at the European Commission, pointed out that, “We know via Startup Europe, that startups are a local phenomenon. It’s not even regional, it’s very local – on a city level”. He said, however, that “even within cities there can be several ecosystems co-existing. The target is to establish in these cities the homogenous structures where they do exist yet. The EU added value is then connecting all of these cities together”.
Asier Basterretxea-Gomez, Co-Founder of Madrid Startup House Foundation, also added that “The principles on which Madrid Startup House is based, its methodology, is such that it can then be transferred to other ecosystems, and become itself a white paper of best practices”.
To find out about how you can become a sponsor of Madrid Startup House, contact the Founders of MSH, or the Chairwoman of the Board of Trustees:
Co-Founder of Madrid Startup House:
Co-Founder of Madrid Startup House:
Asier Basterretxea Gómez
Chairwoman of the Board of Trustees:
Teresa M. Alarcos Tamayo